8826 Eastern AveLas Vegas, NV 89123

Property Details for 8826 Eastern Ave

Year built

2000

Construction

FRAME

Lot size

2.24 AC

Property size (Sq ft)

25,500 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

177-13-423-024

APU

17713423024

Description

Exceptional opportunity to lease the last remaining suite at Regal Plaza, a vibrant 141,482 square foot multi-use center in Las Vegas, NV. This Class B property, built in 2000, boasts seven buildings situated on a 13.37-acre lot at the high-traffic intersection of Eastern and Pebble Roads (approximately 44,000 cars daily). The single available unit offers excellent visibility and accessibility, with a minimum leasable area of 1,500 square feet and a maximum contiguous space of 18,000 square feet. The property features a diverse tenant mix including retail, restaurants, entertainment, and professional offices, catering to the surrounding dense residential population. The convenient location offers close proximity to the 215 Beltway, ensuring high traffic volume and easy access for customers and employees. Zoned C-2, this property presents a unique opportunity for businesses seeking a prime location in a thriving Las Vegas community. The APN is 177-13-423-024. Total building suites number 34, with currently 1,134 square feet of vacant space. The property consists of single-story buildings.

• CAP approach

  CAP return

  Valuation

  6%

  $7,919,382

  6.5%

  $7,310,198

  7%

  $6,788,041

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,874,491

  Geo Method

  $12,874,491

• Alternative Use

  Use

  Valuation

  Residential

  $6,166,426

  Hospitality

  $5,648,413

  Educational

  $4,699,413

  Medical

  $4,861,033

  Retail

  $7,310,198

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.0292

Longitude

-115.117

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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